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New traders become restless
Dec 15, 2020 at 15:51
Przeglądane 1,053
16 Replies
Uczestnik z Jul 19, 2020
749 postów
Dec 15, 2020 at 15:51
New traders become restless to make money. All day long they try to find out new entry. Even their night is sleepless. But the fact is to make money in trading you need a calm and relaxed mind. When I was new I was also in a hurry to make money. It's because most of the time we are given wrong information about trading. Like making money is vey easy here.
Uczestnik z Jul 20, 2020
286 postów
Dec 17, 2020 at 01:25
Trading should be done with patience. It is never possible to gain trading profit without patience.
Uczestnik z Oct 26, 2020
9 postów
Dec 22, 2020 at 10:29
Trading is a lot about how patient you are. If you are desperate about making money, I don’t think that you will be able to go far.
Dec 22, 2020 at 12:08
The moment they hear that you can make profit in trading, they will just rush in opening an account without thinking what to consider and where to start from. And just because of that they will become restless and will no sooner misuse their accounts and funds resulting in wiping the account.
Uczestnik z Oct 29, 2020
47 postów
Jan 15, 2021 at 04:01
Yes, they are always in a rush to make more and more money and get rich quickly. But forex doesn’t work that way and you’re right, a calm and composed mindset is very important to trade well.
Uczestnik z Dec 28, 2020
167 postów
Jan 16, 2021 at 11:20
Yes, new traders become restless to make money. But the actual fact is in order to make money in the forex market you need to be calm and have a relaxed mind. Rusing to make money will always lead to opposite results.
Uczestnik z Jul 23, 2020
696 postów
Jan 16, 2021 at 17:57
unsightlydray posted:
Yes, they are always in a rush to make more and more money and get rich quickly. But forex doesn’t work that way and you’re right, a calm and composed mindset is very important to trade well.
I also agree with you. Forex is not a money-making machine. Those who have proper skill and knowledge can make money.
Uczestnik z Jul 20, 2020
286 postów
Jan 17, 2021 at 01:53
Everyone in trading brings a dream. New traders are in a hurry to fulfill that dream. This is why they face maximum time loss. So to fulfill the dream, you should trade with patience while maintaining a positive mindset.
Uczestnik z Jul 19, 2020
749 postów
Jan 22, 2021 at 13:18
Short term traders lose more money than long term mind. The reason behind this is short term trader are less disciplined. Actually the 90% traders are not disciplined. They ignore the psychological aspects of trading. They run for a 100% proven system which actually doesn't exist.
Uczestnik z Feb 04, 2021
32 postów
Feb 17, 2021 at 11:45
When I was a beginner, I always used to be in a hurry of placing trades. I wanted quick profits. But after losing some trades, I realized that the forex market demands patience. Only those who trade with proper knowledge and patience can become successful traders.
Uczestnik z May 13, 2020
119 postów
Feb 18, 2021 at 11:57
It seems to me that at the initial stage of trading, everyone is in a hurry and makes mistakes because of this.
Uczestnik z Jul 23, 2020
816 postów
Jun 27, 2021 at 17:14
New traders indeed have to spend more time learning.
Uczestnik z Mar 16, 2021
447 postów
Dec 01, 2021 at 14:31
In fact, these are emotions. Emotions usually run high on new traders. Therefore, the amount of their loss is also high.
Uczestnik z Aug 05, 2021
394 postów
Dec 01, 2021 at 19:20
I think that it definitely is made out to be that money comes easy to forex traders when it's really a lot harder. In the beginning, it's actually more important to focus on not losing money versus making a certain profit. Too bad that everyone can't start with that knowledge because it would save some heartache.
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